Crypto investors have begun reassessing their investment decisions as the hype around meme coins in this market cycle is fading. This has led some Pepe (PEPE) bulls to offload their holdings, with PEPE now at risk of a price crash with the bears in control.
As for their next move, these bulls are rotating their capital to the utility token ETFSwap (ETFS).
What you'll learn 👉
Pepe (PEPE) At Risk Of A Price Crash As Meme Coins Struggle
PEPE is set to suffer the same fate as some other meme coins, with the bears now in control. PEPE’s price already looks to be succumbing to pressure from the bears, who have been shorting the meme coin ever since PEPE whales began to exit their positions. The on-chain analytics platform Lookonchain recently revealed two PEPE whales that dumped 940 billion PEPE tokens on the market.
Meanwhile, data from the on-chain analytics platform Santiment also shows a spike in PEPE inflows into exchanges, indicating that many investors are ready to offload their holdings. Considering this amount of selling pressure on the meme coin, it is no surprise that the bears have the upper hand. Data from CoinMarketCap shows that PEPE is down almost 4% in the last 24 hours, even as these bears continue to short the meme coin.
As these bears solidify their hold over meme coins like PEPE, bulls are rotating their capital to utility tokens like ETFSwap (ETFS), poised to outperform the market. Tokens like ETFSwap (ETFS) are also well above the reach of these bears, unlike meme coins.
Bulls Are Going All In On ETFSwap (ETFS) Ongoing Presale
Crypto bulls are going all in on ETFSwap (ETFS) ongoing presale, with the token currently selling at an affordable price of $0.01831. These bulls have been attracted to the ETFS token because of its unrivaled utility, which they say will make it stand out in this market cycle and cause its price to surge astronomically, unlike meme coins which are struggling.
ETFSwap (ETFS) has made it easier for crypto enthusiasts to access traditional markets without leaving the confines of the decentralized space. Investors can now invest in traditional assets like exchange-traded funds (ETFs) by simply converting their ETFS tokens to any of the tokenized ETFs on the ETFSwap investment platform.
The decentralized investment platform also boasts commodities like gold, silver, crude oil, and rubber, among others which investors can invest in. Additionally, these investors can gain exposure to crypto assets on the decentralized finance (DeFi) platform, making portfolio diversification easier.
These token swaps are done in full DeFi mode without needing third-party systems like brokers or financial institutions, which investors might be accustomed to when using centralized trading platforms. This ensures that investing in ETFSwap (ETFS) is way more cost-effective than using these centralized trading platforms, which usually have hidden fees.
Besides the investment returns that bulls stand to gain from investing in the ETFSwap (ETFS) token, they are also exposed to many other exciting money-making opportunities on the ETFSwap platform, ensuring these bulls maximize their gains in this bull run. For instance, users on the decentralized can open long and short positions on ETFs, with the trading platform offering up to 50x leverage on each trade.
ETFSwap (ETFS) also offers futures trading for these traditional assets, allowing investors to hold derivative contracts to buy or sell these ETFs at a set price on a specific date. That way, they easily buy these assets at the bottom and sell at targets they believe to be their peak prices in this market cycle.
Bulls show no signs of slowing down in their accumulation of the ETFSwap (ETFS) token in its ongoing presale. They are confident in the token’s long-term success, especially since the ETFSwap team has been verified and certified by Solidproof. These bulls are also aware that they are working against time as the token’s price will rise once the beta version of the ETFSwap platform launches.
Conclusion
Like these bulls from meme coins, it is best to buy the ETFSwap (ETFS) token as soon as possible while it is still selling at its current price of $0.01831. Investors are better off buying ETFSwap (ETFS) than tokens like Pepe (PEPE), seeing as they can make 100x returns on their investment.
For more information about the ETFS Crypto Presale:
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